Marc Faber : “If a year ago I told you ‘look you should buy some Japanese shares’, then for nine months you would have complained and said ‘look I bought Japanese shares and they never move, and all the other markets are moving up’.
“I always tell people if you want to be a successful investor you also have to have some patience and you can’t measure your performance according to an index.
“I don’t take new money. But if someone came and said ‘here is a billion dollars and I give you 50 per cent of the profits’ I would maybe take it.” - in The Australian Financial Review.
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